2024-08-20 11:57:37 am | Source: Religare Broking
Stock of the day : Hindalco Industries Ltd For Target Rs. 695 - Religare Broking
Hindalco Industries Ltd
* We are seeing recovery in metal space and HINDALCO is offering a fresh buying opportunity .
* It has rebounded higher taking support of its previous resistance zone while reclaiming its 20 week EMA.
* Following the price action and placement of momentum indicator, the price seems to resume its prior uptrend.
* Thus, traders can consider longs in the mentioned range
Buy Hindalco Industries Ltd CMP 658.85 Range 657-659 SL 640 Target 695
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Quote on Market Morning Inputs 04 July 2025 by Shrik...
Blooming Lives: The Everyday Story of a Flower Seller
`New chapter being added in form of Van Mahotsav?` D...
BMW Group India posts highest-ever H1 car sales in 2...
Shivraj Singh Chouhan arrives at Srinagar Airport
Chennai emerging new salary hotspot for freshers
`You can stop when I stop?` Hollywood Actor Richard ...
118 million women consumers in India enter credit ma...
Shankaracharya Swami Avimukteshwaranand`s remark on ...
Evening Roundup : A Daily Report on Bullion Energy &...
